Accounting Head

Private Advertiser; Metro Manila; On-site; PHP 1,200,000 - 2,400,000; Full time

Job summary

Private Advertiser is seeking an Accounting Head to oversee the company’s accounting and financial operations, ensuring accuracy and timely reporting. You will manage the accounting team, maintain strong internal controls, and ensure compliance with government regulations while providing financial insights to support strategic decisions.

Based in Metro Manila, the role partners with management to drive budgeting, cash flow management, and overall financial performance for the organization.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 5+ years of progressive accounting experience with leadership experience.
• Experience in hotel, hospitality, tourism, restaurant, or service industries preferred.
• Strong knowledge of Philippine accounting standards, taxation, and financial reporting.
• Proficiency in Excel and ERP accounting software.

Responsibilities

• Oversee day-to-day accounting operations including GL, AP, AR, cash management and financial reporting.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Lead budgeting process and monitor variances against budget.
• Ensure internal controls and compliance with tax regulations.
• Coordinate with auditors and regulatory agencies as needed.

Skills

Accounting leadership

Financial reporting

Budgeting

Internal controls

Taxation knowledge

ERP systems

Excel skills

Team development

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

ERP systems

Microsoft Excel

Job description

Job Summary

We are looking for Accounting Head that is responsible for overseeing the company’s accounting and financial operations, ensuring the accuracy, integrity, and timely completion of financial records and reports. The position manages the accounting team, monitors financial controls, ensures compliance with applicable accounting standards and government regulations, and provides financial insights to support business decisions.

The Accounting Head will work closely with Management and other departments to ensure effective financial planning, budget management, internal controls, cash flow monitoring, and overall financial performance.

Key Responsibilities

Accounting Operations

• Oversee the day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, cash management, and financial reporting.
• Ensure accurate and timely recording of all financial transactions.
• Review and approve journal entries, reconciliations, schedules, and accounting documents.
• Ensure timely month-end, quarter-end, and year-end closing activities.
• Monitor the accuracy and completeness of accounting records and supporting documents.
• Maintain proper accounting books, records, and financial documentation.

Financial Reporting and Analysis

• Prepare and review monthly, quarterly, and annual financial statements and management reports.
• Analyze financial performance, revenue, expenses, profitability, and variances against budget.
• Provide management with accurate financial information and recommendations to support business decisions.
• Prepare financial forecasts, cash flow projections, and other financial analyses as required.
• Monitor key financial indicators and identify potential financial risks or opportunities.

Budgeting and Cost Control

• Lead the preparation and monitoring of the annual operating budget.
• Review departmental budgets and monitor actual performance against approved budgets.
• Investigate significant budget variances and recommend appropriate corrective actions.
• Monitor operating expenses, purchasing costs, inventory, and other controllable expenses.
• Support cost-control initiatives to improve operational efficiency and profitability.

Internal Controls and Compliance

• Establish, implement, and monitor effective accounting policies, procedures, and internal controls.
• Ensure compliance, applicable tax regulations, and other relevant government requirements.
• Coordinate with external auditors, internal auditors, tax consultants, and regulatory agencies when necessary.
• Ensure timely preparation and submission of required financial and tax reports.
• Identify control weaknesses and recommend improvements to minimize financial and operational risks.

Tax and Government Compliance

• Oversee the preparation and timely filing of applicable tax returns and statutory reports.
• Ensure compliance with Bureau of Internal Revenue (BIR), Securities and Exchange Commission (SEC), and other government requirements applicable to the organization.
• Monitor tax-related transactions, documentation, and deadlines.
• Coordinate with external tax advisors and auditors on tax compliance and examinations.

Team Leadership and Development

• Lead, supervise, and develop the Accounting Team.
• Assign responsibilities and monitor individual and team performance.
• Provide coaching, training, and technical guidance to accounting personnel.
• Establish performance standards and ensure adherence to accounting policies and procedures.
• Promote accountability, accuracy, teamwork, confidentiality, and professional conduct.

Audit and Risk Management

• Coordinate internal and external audit activities and ensure timely submission of required documents.
• Review audit findings and implement appropriate corrective and preventive actions.
• Maintain adequate financial documentation and audit trails.
• Assess financial and accounting risks and recommend appropriate controls.

Hospitality / Hotel Accounting

• Monitor hotel revenue, daily sales, cash collections, credit card transactions, and other operating revenues.
• Review daily revenue reports, income audit reports, and revenue reconciliations.
• Monitor accounts receivable, city ledger, credit transactions, and collection activities.
• Oversee inventory accounting, food and beverage costing, and other hotel-related cost controls.
• Ensure accurate recording and reconciliation of hotel operational transactions.

Other Responsibilities

• Provide financial guidance and support to Management and department heads.
• Participate in management meetings and business planning activities.
• Review and improve accounting processes, systems, and reporting procedures.
• Maintain strict confidentiality of financial information and company records.
• Perform other accounting, finance, and administrative duties as may be assigned by Management.

Qualifications

• Bachelor’s Degree in Accounting, Finance, or a related field.
• At least 5 years of progressive accounting experience, with a minimum of 5 years in a supervisory or managerial role.
• Experience in hotel, hospitality, tourism, restaurant, or service-related industries is highly preferred.
• Proven experience in financial reporting, budgeting, taxation, audit, internal controls, and accounting operations.
• Experience in managing and developing an accounting team.
• Strong knowledge of Philippine accounting standards, taxation, and financial reporting requirements.
• Proficient in Microsoft Excel, including formulas, PivotTables, financial analysis, and reporting.
• Working knowledge of accounting software, ERP systems, and financial management systems.
• Strong understanding of general ledger, accounts payable, accounts receivable, bank reconciliation, fixed assets, inventory, and financial statements.
• Knowledge of hotel accounting, revenue management, cost control, and income audit is an advantage.
• Strong analytical and problem-solving skills.